Polyolefin Catalysts Acquisition
|
|
- Darcy Ferguson
- 5 years ago
- Views:
Transcription
1 Polyolefin Catalysts Acquisition Analyst and Investor Conference Call December 15, W. R. Grace & Co.
2 Disclaimer Statement Regarding Safe Harbor For Forward-Looking Statements This presentation contains forward-looking statements, that is, information related to future, not past, events. Such statements generally include the words believes, plans, intends, targets, will, expects, suggests, anticipates, outlook, continues, or similar expressions. Forwardlooking statements include, without limitation, expected financial positions; results of operations; cash flows; financing plans; business strategy; operating plans; capital and other expenditures; competitive positions; growth opportunities; benefits from new technology and cost reduction initiatives; and markets for securities. For these statements, Grace claims the protections of the safe harbor for forward-looking statements contained in Section 27A of the Securities Act and Section 21E of the Exchange Act. Like other businesses, Grace is subject to risks and uncertainties that could cause its actual results to differ materially from its projections or that could cause other forward-looking statements to prove incorrect. Factors that could cause actual results to differ materially from those contained in the forward-looking statements include, without limitation: risks related to foreign operations, especially in emerging regions; the cost and availability of raw materials, energy and transportation; the effectiveness of its research and development and growth investments; acquisitions and divestitures of assets and businesses; developments affecting Grace s outstanding indebtedness; developments affecting Grace's funded and unfunded pension obligations; its legal and environmental proceedings; environmental compliance costs; uncertainties related to Grace s ability to realize the anticipated benefits of the separation transaction; the inability to establish or maintain certain business relationships and to retain key personnel; natural disasters such as storms and floods; changes in tax laws and regulations; and those additional factors set forth in Grace's most recent Annual Report on Form 10-K, quarterly report on Form 10-Q and current reports on Form 8-K, which have been filed with the Securities and Exchange Commission and are readily available on the Internet at Reported results should not be considered as indications of future performance. Readers are cautioned not to place undue reliance on Grace's projections and forward-looking statements, which speak only as of the dates those projections and statements are made. Grace undertakes no obligation to release publicly any revision to the projections and forward-looking statements contained in this presentation, or to update them to reflect events or circumstances occurring after the date of this presentation. Non-GAAP Financial Terms In this presentation, Grace presents financial information in accordance with U.S. generally accepted accounting principles (U.S. GAAP), as well as the non-gaap financial information described in the Appendix. Grace believes that this non-gaap financial information provides useful supplemental information about the performance of its businesses, improves period-to-period comparability and provides clarity on the information management uses to evaluate the performance of its businesses. In the Appendix, Grace has provided reconciliations of these non-gaap financial measures to the most directly comparable financial measure calculated and presented in accordance with U.S. GAAP. These non-gaap financial measures should not be considered as a substitute for financial measures calculated in accordance with U.S. GAAP, and the financial results calculated in accordance with U.S. GAAP and reconciliations from those results should be evaluated carefully W. R. Grace & Co.
3 Acquiring Albemarle s Polyolefin Catalysts Business Strategic Rationale Strengthens technologies in high-growth single-site catalysts applications Strengthens innovation capability and broadens relationships with customers Strengthens manufacturing network; adds new capabilities and flexibility Financial Benefits Timing Accretive to catalysts sales growth rate and earnings at similar margins Synergies in support costs and capital investment, fully realized in 2019 Expected close: 1Q 2018 (subject to regulatory approvals and customary closing conditions) Grace s Global Catalysts Manufacturing Valuation Metrics Flexibility, capability, process knowledge, and capacity Purchase Price $416M Trailing Normalized EBITDA $32.5M Valuation Multiples based on: Trailing Normalized EBITDA 12.8x New sites with Expected Run Rate Synergies 9.6x W. R. Grace & Co.
4 Business Overview Products / Technologies Manufacturing / R&D Facilities Proprietary and custom-manufactured finished single-site catalysts Highly optimized Ziegler-Natta catalysts for polyethylene Activators (MAO and organoborons) Metallocenes and post-metallocenes Baton Rouge, Louisiana, USA Yeosu, South Korea Employees ~175 Baton Rouge, LA USA Yeosu, South Korea A Global Leader in Single-Site Catalysts for Polyethylene W. R. Grace & Co.
5 Very Strong Match to Our M&A Framework M&A FILTERS Growth/ Profitability Synergies Commercial Fit Technology Fit Manufacturing Fit EPS Accretion Current Acquisition High-growth PE catalysts segment Margins similar to Grace s Catalysts business 3.2x reduction to acquisition multiple from cost and capital synergies Strengthens catalysts technology position Accelerates growth in single-site catalysts Strengthens catalysts R&D and technical capabilities New capabilities, capacity, added flexibility Significant capital avoidance Accretive to EPS (minimally in 2018, fully in 2019) W. R. Grace & Co.
6 Tania Almond Investor Relations Officer W. R. Grace & Co. T Thank you W. R. Grace & Co.
7 Appendix W. R. Grace & Co.
8 Appendix: Definitions and Reconciliations of Non-GAAP Measures Non-GAAP Financial Terms Adjusted EBIT means income from continuing operations attributable to W. R. Grace & Co. shareholders adjusted for interest income and expense; income taxes; costs related to legacy product, environmental and other claims; restructuring and repositioning expenses and asset impairments; pension costs other than service and interest costs, expected returns on plan assets, and amortization of prior service costs/credits; income and expense items related to divested businesses, product lines, and certain other investments; gains and losses on sales of businesses, product lines, and certain other investments; third-party acquisition-related costs and the amortization of acquired inventory fair value adjustment; and certain other items that are not representative of underlying trends. Adjusted EBITDA means Adjusted EBIT adjusted for depreciation and amortization. Adjusted EBIT Return On Invested Capital means Adjusted EBIT (on a trailing four quarters basis) divided by the sum of net working capital, properties and equipment and certain other assets and liabilities. Adjusted Gross Margin means gross margin adjusted for pension-related costs included in cost of goods sold and the amortization of acquired inventory fair value adjustment. Adjusted Earnings Per Share (Adjusted EPS) means diluted EPS from continuing operations adjusted for costs related to legacy product, environmental and other claims; restructuring and repositioning expenses and asset impairments; pension costs other than service and interest costs, expected returns on plan assets, and amortization of prior service costs/credits; income and expense items related to divested businesses, product lines, and certain other investments; gains and losses on sales of businesses, product lines, and certain other investments; third-party acquisition-related costs and the amortization of acquired inventory fair value adjustment; certain other items that are not representative of underlying trends; and certain discrete tax items. Adjusted Free Cash Flow means net cash provided by or used for operating activities from continuing operations minus capital expenditures plus cash flows related to legacy product, environmental and other claims; cash paid for restructuring and repositioning; capital expenditures related to repositioning; cash paid for third-party acquisition-related costs; and accelerated payments under defined benefit pension arrangements. Adjusted EBIT, Adjusted EBITDA, Adjusted EBIT Return On Invested Capital, Adjusted Gross Margin, Adjusted EPS and Adjusted Free Cash Flow do not purport to represent income or liquidity measures as defined under U.S. GAAP, and should not be considered as alternatives to such measures as an indicator of Grace's performance or liquidity. Grace uses Adjusted EBIT as a performance measure in significant business decisions and in determining certain incentive compensation. Grace uses Adjusted EBIT as a performance measure because it provides improved period-to-period comparability for decision making and compensation purposes, and because it better measures the ongoing earnings results of its strategic and operating decisions by excluding the earnings effects of the legacy product, environmental and other claims; restructuring and repositioning activities; divested businesses; the effects of acquisitions; and certain other items that are not representative of underlying trends. Grace uses Adjusted EBITDA, Adjusted EBIT Return On Invested Capital, Adjusted Gross Margin, and Adjusted EPS as performance measures and may use these measures in determining certain incentive compensation. Grace uses Adjusted EBIT Return On Invested Capital in making operating and investment decisions and in balancing the growth and profitability of operations. Grace uses Adjusted Free Cash Flow as a liquidity measure to evaluate its ability to generate cash to support its ongoing business operations, to invest in its businesses, and to provide a return of capital to shareholders. Grace also uses Adjusted Free Cash Flow as a performance measure in determining certain incentive compensation. Grace is unable without unreasonable efforts to estimate the annual mark-to-market pension adjustment or 2017 net income, and without the availability of this significant information, Grace is unable to provide reconciliations for the forward-looking information set forth in the 2017 outlook, above. These measures are provided to investors and others to improve the period-to-period comparability and peer-to-peer comparability of Grace s financial results, and to ensure that investors and others understand the information Grace uses to evaluate the performance of its businesses. They distinguish the operating results of Grace's current business base from the costs of Grace's legacy product, environmental and other claims; restructuring and repositioning activities; divested businesses; and other items discussed above. These measures may have material limitations due to the exclusion or inclusion of amounts that are included or excluded, respectively, in the most directly comparable measures calculated and presented in accordance with U.S. GAAP and thus investors and others should review carefully the financial results calculated in accordance with U.S. GAAP W. R. Grace & Co.
First Quarter 2016 Business Update
Focused. First Quarter 2016 Business Update Innovative. Investor Presentation April 27, 2016 Performance Driven. Disclaimer Statement Regarding Safe Harbor For Forward-Looking Statements This presentation
More informationJuly 26, Second Quarter 2018 Earnings Presentation
July 26, 2018 Second Quarter 2018 Earnings Presentation Disclaimer Statement Regarding Safe Harbor For Forward-Looking Statements This presentation contains forward-looking statements, that is, information
More informationW. R. Grace & Co. Fourth Quarter 2014 Business Update. Investor Presentation February 5, 2015
W. R. Grace & Co. Fourth Quarter Business Update Investor Presentation February 5, 2015 Disclaimer Statement Regarding Safe Harbor For Forward-Looking Statements This presentation contains forward-looking
More informationGrace Reports Fourth Quarter and Full-Year 2017 Results
Exhibit 99.1 Grace News Media Relations Rich Badmington T +1 410.531.4370 rich.badmington@grace.com Investor Relations Tania Almond T +1 410.531.4590 tania.almond@grace.com Grace Reports Fourth Quarter
More informationGCP Applied Technologies
GCP Applied Technologies Q3 2017 Investor Highlights November 2, 2017 Forward Looking Statements This document contains, and our other public communications may contain, forward-looking statements, that
More informationQ Investor Highlights. May 8, 2018
Q1 2018 Investor Highlights May 8, 2018 Forward Looking Statements This document contains, and our other public communications may contain, forward-looking statements, that is, information related to future,
More informationGCP Applied Technologies. Strategy Update August 3, 2017
GCP Applied Technologies Strategy Update August 3, 2017 Forward Looking Statements This document contains, and our other public communications may contain, forward-looking statements, that is, information
More informationQ Investor Highlights. August 8, 2018
Q2 2018 Investor Highlights August 8, 2018 Forward Looking Statements This document contains forward-looking statements, that is, information related to future, not past, events. Such statements generally
More informationGrace Reports Third Quarter 2012 Adjusted EPS of $1.04 and Narrows 2012 Earnings Outlook
Media Relations Mike Jones T +1 410.531.8228 mike.jones@grace.com Investor Relations Mark Sutherland T +1 410.531.4590 mark.sutherland@grace.com Grace Reports Third Quarter 2012 Adjusted EPS of $1.04 and
More informationSECURITIES AND EXCHANGE COMMISSION FORM 8-K. Current report filing
SECURITIES AND EXCHANGE COMMISSION FORM 8-K Current report filing Filing Date: 2011-02-10 Period of Report: 2011-02-10 SEC Accession No. 0001104659-11-006024 (HTML Version on secdatabase.com) W R GRACE
More informationBaird Global Industrial Conference November 6, Investor Presentation
Baird Global Industrial Conference November 6, 2018 Investor Presentation SAFE HARBOR Statement Regarding Safe Harbor For Forward-Looking Statements This presentation contains forward-looking statements,
More informationAramark Fourth Quarter & Full Year 2018 Results November 13, 2018
Aramark Fourth Quarter & Full Year 2018 Results November 13, 2018 Forward-Looking Statements This presentation includes "forward-looking statements" within the meaning of the Private Securities Litigation
More informationFirst Quarter 2018 Earnings Presentation
First Quarter 2018 Earnings Presentation May 3, 2018 Disclaimer: This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward
More informationSafe Harbor Statement
January 3, 2018 Safe Harbor Statement Statements in this presentation that are not historical, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation
More informationQ Earnings. Supplemental Financials. September 25, 2018
Q3 2018 Earnings Supplemental Financials September 25, 2018 Forward-looking statements This presentation contains forward-looking statements within the meaning of the federal securities laws, including
More informationAlbemarle reports strong growth and raises guidance - Lithium powers ahead
Albemarle reports strong growth and raises guidance - Lithium powers ahead August 7, 2018 CHARLOTTE, N.C., Aug. 7, 2018 /PRNewswire/ -- Second quarter 2018 highlights: Second quarter net sales were $853.9
More informationFourth Quarter 2017 Earnings Presentation
Fourth Quarter 2017 Earnings Presentation February 21, 2018 Disclaimer: This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
More informationFINANCIAL REVIEW. R. Steve Kinsey. Chief Financial Officer and Chief Administrative Officer
FINANCIAL REVIEW R. Steve Kinsey Chief Financial Officer and Chief Administrative Officer Information Regarding Forward-Looking Statements Statements contained in this press release that are not historical
More informationVeritiv Corporation Second Quarter 2016 Financial Results August 9, 2016
Veritiv Corporation Second Quarter 2016 Financial Results August 9, 2016 Tom Morabito Director of Investor Relations 2 Safe Harbor Provision Certain statements contained in this presentation regarding
More informationAlbemarle delivers revenue growth for the 11th consecutive quarter
Albemarle delivers revenue growth for the 11th consecutive quarter November 7, 2018 CHARLOTTE, N.C., Nov. 7, 2018 /PRNewswire/ -- Third quarter 2018 highlights: Third quarter net sales were $777.7 million,
More informationFourth Quarter 2017 Earnings Conference Call
Fourth Quarter 2017 Earnings Conference Call February 22, 2018 2018 Schweitzer-Mauduit International, Inc. Safe Harbor Statement This presentation may contain forward-looking statements within the meaning
More informationFiscal 2018 Second Quarter Earnings Call Presentation February 2, 2018
Fiscal 2018 Second Quarter Earnings Call Presentation February 2, 2018 Safe Harbor Statement Certain statements in this presentation may be forward-looking in nature, or "forward-looking statements" within
More informationBankUnited, Inc. January 2019
BankUnited, Inc. January 2019 Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that reflect the
More informationWalgreens Boots Alliance Fiscal year end 2015 and 4Q earnings conference call. 28 October 2015
Walgreens Boots Alliance Fiscal year end 2015 and 4Q earnings conference call 28 October 2015 Fiscal year end 2015 and 4Q earnings call agenda Topic Introduction & Safe Harbor Business Overview Financial
More informationVeritiv Corporation Fourth Quarter and Full Year 2018 Financial Results February 28, 2019
Veritiv Corporation Fourth Quarter and Full Year 2018 Financial Results February 28, 2019 Tom Morabito Director of Investor Relations 2 Safe Harbor Provision Certain statements contained in this presentation
More informationCF Industries Offer for Terra Industries. March 2, 2010
CF Industries Offer for Terra Industries March 2, 2010 1 Forward-Looking Statements Certain statements contained in this presentation may constitute forward-looking statements. All statements in this presentation,
More informationVertical Research Conference Investor Presentation. June 2018
Vertical Research Conference Investor Presentation June 2018 Forward Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform
More informationVeritiv Corporation First Quarter 2018 Financial Results May 8, 2018
Veritiv Corporation First Quarter 2018 Financial Results May 8, 2018 Tom Morabito Director of Investor Relations 2 Safe Harbor Provision Certain statements contained in this presentation regarding Veritiv
More informationAlbemarle Corporation Second Quarter 2017 Earnings Appendix & Non-GAAP Reconciliations Conference Call/Webcast Tuesday, August 8 th, :00am ET
Albemarle Corporation Second Quarter 2017 Earnings Appendix & Non-GAAP Reconciliations Conference Call/Webcast Tuesday, August 8 th, 2017 9:00am ET Forward-Looking Statements Some of the information presented
More informationDriving Value Through Culture, Innovation and Results
Driving Value Through Culture, Innovation and Results THIRD QUARTER 2018 EARNINGS PRESENTATION November 2, 2018 1 Agenda Introduction Business Overview Financial Overview Roger Hendriksen Director, Investor
More informationQ Earnings Call February 20, 2019
Q4 2018 Earnings Call February 20, 2019 1 Forward-looking statements Safe Harbor Statement This release contains forward-looking statements, which may concern our plans, objectives, outlook, goals, strategies,
More informationKennametal Announces Strong Fiscal 2019 First Quarter Results
Kennametal Announces Strong Fiscal 2019 First Quarter Results November 5, 2018 Earnings per diluted share (EPS) of $0.68; adjusted EPS of $0.70 of $587 million grew 8 percent, organic growth of 10 percent
More informationFIRST QUARTER 2018 EARNINGS CONFERENCE CALL MAY 9, 2018
FIRST QUARTER 2018 EARNINGS CONFERENCE CALL MAY 9, 2018 Forward-Looking Statements and Non-GAAP Financial Measures Forward-Looking Statements This webcast and presentation contain statements that are forward-looking
More informationSecond Quarter 2018 Earnings Presentation May 8, 2018
Second Quarter 2018 Earnings Presentation May 8, 2018 Cautionary statements This presentation contains forward-looking statements that are subject to known and unknown risks and uncertainties, many of
More informationAlbemarle Corporation Second Quarter 2018 Earnings and Non-GAAP Reconciliations Conference Call/Webcast Wednesday, August 8 th, :00am ET
Albemarle Corporation Second Quarter 2018 Earnings and Non-GAAP Reconciliations Conference Call/Webcast Wednesday, August 8 th, 2018 9:00am ET Forward-Looking Statements Some of the information presented
More informationNon-GAAP Definitions Masimo
Non-GAAP Definitions Last Updated: May 2, 2018 Forward-Looking Statements Masimo Corporation ( Masimo, MASI, or the Company ) cautions you that statements included in this presentation that are not a description
More informationVeritiv Corporation Fourth Quarter and Fiscal Year 2017 Financial Results March 1, 2018
Veritiv Corporation Fourth Quarter and Fiscal Year 2017 Financial Results March 1, 2018 Tom Morabito Director of Investor Relations 2 Safe Harbor Provision Certain statements contained in this presentation
More informationVeritiv Corporation Third Quarter 2017 Financial Results November 7, 2017
Veritiv Corporation Third Quarter 2017 Financial Results November 7, 2017 Tom Morabito Director of Investor Relations 2 Safe Harbor Provision Certain statements contained in this presentation regarding
More informationA Trusted Technology Partner to Medical and Advanced Technology Equipment Manufacturers
A Trusted Technology Partner to Medical and Advanced Technology Equipment Manufacturers Baird Healthcare Conference, September 2017 NASDAQ: NOVT 1 Safe Harbor Statement The statements in this presentation
More informationWalgreens-Alliance Boots Investor Call
Walgreens-Alliance Boots Investor Call August 6, 2014 Investor Call Agenda Introduction & Safe Harbor Alliance Boots Step 2 Update Global Management Structure Corporate Structure Rick Hans, CFA Divisional
More informationKennametal Announces Fiscal 2019 Second Quarter Results
Kennametal Announces Fiscal 2019 Second Quarter Results February 4, 2019 Company posts strong earnings per share and margin expansion on eighth consecutive quarter of growth Q2 FY19 Highlights - Earnings
More informationThird Quarter Fiscal 2019 Earnings Call
NYSE: GHM January 30, 2019 Third Quarter Fiscal 2019 Earnings Call James R. Lines President & Chief Executive Officer Jeffrey F. Glajch Vice President & Chief Financial Officer 2019 Graham Corp. 1 Safe
More informationSafe Harbor Statement
June 27, 2018 Safe Harbor Statement Cautionary Statement Regarding Forward Looking Statements Statements in this presentation that are not historical, are forward-looking statements made pursuant to the
More informationQ1 FY18 Results and Acquisition of KapStone Paper & Packaging Corporation. January 29, 2018
Q1 FY18 Results and Acquisition of KapStone Paper & Packaging Corporation January 29, 2018 Forward Looking Statements This presentation contains forward-looking statements within the meaning of the Private
More informationQ3 Fiscal Year 2019 Financial Highlights
Q3 Fiscal Year 2019 Financial Highlights For the quarter ended October 31, 2018 November 29, 2018 Forward Looking Statements Certain statements in this communication may contain forward looking statements
More informationQ4 AND FY 2018 RESULTS
Q4 AND FY 2018 RESULTS Harold Goddijn CEO Taco Titulaer CFO 6 FEBRUARY 2019 Operational highlights Divestment of Telematics Capital repayment of 750 million announced Extended Microsoft partnership; now
More information4th Quarter Supplemental Information February 14, 2018
4th Quarter 2017 Supplemental Information February 14, 2018 Safe Harbor This presentation is intended to be disclosure through methods reasonably designed to provide broad, non-exclusionary distribution
More informationAugust 8, Conduent Q Earnings Results
August 8, 2018 Conduent Q2 2018 Earnings Results Cautionary Statements Forward-Looking Statements This report contains forward-looking statements, as defined in the Private Securities Litigation Reform
More informationFirst Quarter 2019 Earnings Presentation February 6, 2019
First Quarter 2019 Earnings Presentation February 6, 2019 Cautionary statements This presentation contains forward-looking statements that are subject to known and unknown risks and uncertainties, many
More informationReconciliation of Non-GAAP Financial Measures. Adjusted Operating Income Reconciliation
Reconciliation of Non-GAAP Financial Measures Adjusted Operating Income Reconciliation Adjusted operating income is not a measure of financial performance under generally accepted accounting principles
More informationIntertape Polymer Group Reports 2016 Third Quarter Results
Intertape Polymer Group Reports 2016 Third Quarter Results MONTREAL, QUEBEC and SARASOTA, FLORIDA November 11, 2016 - Intertape Polymer Group Inc. (TSX:ITP) (the "Company") today released results for the
More informationCMS ENERGY CORPORATION Earnings Per Share By Year GAAP Reconciliation (Unaudited)
GAAP Reconciliation Earnings Per Share By Year GAAP Reconciliation 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Reported earnings (loss) per share - GAAP ($0.30) $0.64 ($0.44)
More informationQ1 FY19 Earnings Release Supplemental Material December 10, 2018
Q1 FY19 Earnings Release Supplemental Material December 10, 2018 1 Safe Harbor Statement Certain statements made within this presentation may constitute forward-looking statements within the meaning of
More informationCFO Commentary. Third Quarter. Third-quarter diluted earnings per. share increased 33% year over year; non- GAAP diluted. earnings per share
Third Quarter CFO Commentary As reflected in our earnings release, there are a number of items that impact the comparability of our results with those in the trailing quarter and prior quarter of last
More informationNon-GAAP Reconciliations Second Quarter 2017 Published August 2, 2017
Non-GAAP Reconciliations Second Quarter 2017 Published August 2, 2017 We supplement our financial information prepared in accordance with GAAP with certain non-gaap measures including Adjusted EBITDA (earnings
More informationSecond Quarter 2017 Reconciliation of Non-GAAP Financial Measures
Second Quarter 2017 Reconciliation of Non-GAAP Financial Measures Adjusted Operating Income Reconciliation Adjusted operating income is not a measure of financial performance under generally accepted accounting
More informationThe J. M. Smucker Company
The J. M. Smucker Company Second Quarter Fiscal 2019 Earnings SUPPLEMENTARY INFORMATION November 28, 2018 Consolidated Results ($ in millions, except per share data) FY19 Q2 FY18 Q2 YoY Change Net Sales
More informationSecond Quarter Review. 25 / April / 2014
Second Quarter Review 25 / April / 2014 Forward-Looking Statements / Safe Harbor This presentation contains a number of forward-looking statements. In many cases forward-looking statements are identified
More informationQ Financial Results
Q4 2018 Financial Results February 6, 2019 Copyright Fortinet Inc. All rights reserved. 1 Safe Harbor Statement Information, statements and projections contained in these presentation slides and related
More information2 nd Quarter 2018 Earnings Results. July 24, 2018
2 nd Quarter 2018 Earnings Results July 24, 2018 Safe Harbor statement NOTE: In this presentation we have made forward-looking statements. These statements are based on our estimates and assumptions and
More informationQ1 Fiscal Year 2019 Financial Highlights
Fiscal Year 2019 Financial Highlights For the quarter ended April 30, 2018 May 31, 2018 Forward-Looking Statements Certain statements in this communication may contain forward-looking statements within
More informationInvestor Presentation June 18, 2014 TE CONNECTIVITY ACQUIRES MEASUREMENT SPECIALTIES
Investor Presentation June 18, 2014 TE CONNECTIVITY ACQUIRES MEASUREMENT SPECIALTIES Forward-Looking Statements Forward Looking Statements This presentation contains certain forward-looking statements
More informationNon-GAAP Reconciliations Third Quarter 2016 Published November 9, 2016
Non-GAAP Reconciliations Third Quarter 2016 Published November 9, 2016 We supplement our financial information prepared in accordance with GAAP with certain non-gaap measures including Adjusted EBITDA
More informationExplanation of Non-GAAP Financial Measures
Explanation of Non-GAAP Financial Measures We report our financial results in accordance with U. S. generally accepted accounting principles ( GAAP ). However, management believes that, in order to more
More informationQuarterly Update FY17 Fourth Quarter. November 9, 2017
Quarterly Update FY17 Fourth Quarter November 9, 2017 1 Johnson Controls plc. November 9, 2017 Johnson Controls International plc Cautionary Statement Regarding Forward-Looking Statements Johnson Controls
More informationQ Financial Results
Q1 2018 Financial Results May 3, 2018 Copyright Fortinet Inc. All rights reserved. Safe Harbor Statement Information, statements and projections contained in these presentation slides and related conference
More informationBlack Box Corporation Investor Presentation
Black Box Corporation Investor Presentation Black Box Corporation Forward-Looking Statements - Any forward-looking statements contained in this presentation are made pursuant to the safe harbor provisions
More informationA Trusted Technology Partner to Medical and Advanced Technology Equipment Manufacturers
A Trusted Technology Partner to Medical and Advanced Technology Equipment Manufacturers Baird Industrial Conference, November 2017 Matthijs Glastra, Chief Executive Officer NASDAQ: NOVT 1 Safe Harbor Statement
More informationQ Financial Results
Q3 2018 Financial Results November 1, 2018 Copyright Fortinet Inc. All rights reserved. 1 Safe Harbor Statement Information, statements and projections contained in these presentation slides and related
More informationParker s Acquisition of CLARCOR to Enhance Filtration Platform
Parker s Acquisition of CLARCOR to Enhance Filtration Platform December 1, 2016 Forward-Looking Statements Forward-looking statements contained in this and other written and oral reports are made based
More informationInvestor Presentation F I R S T Q U A R T E R
Investor Presentation F I R S T Q U A R T E R 2 0 1 9 1 Agenda 1 Business Overview 2 First Quarter 2019 Review 3 Fiscal 2019 Guidance Outlook 4 Appendix Forward-Looking Statements and Non-GAAP Financial
More informationInvestor Presentation. February 2019
Investor Presentation February 2019 Forward Looking Statements and Non-GAAP Financial Measures This presentation contains forward-looking statements within the meaning of the Private Securities Litigation
More informationNon-GAAP Reconciliations Third Quarter 2017 Published November 7, 2017
Non-GAAP Reconciliations Third Quarter 2017 Published November 7, 2017 We supplement our financial information prepared in accordance with GAAP with certain non-gaap measures including Adjusted EBITDA
More informationA Trusted Technology Partner to Medical and Advanced Technology Equipment Manufacturers
A Trusted Technology Partner to Medical and Advanced Technology Equipment Manufacturers February 2018 Matthijs Glastra, Chief Executive Officer NASDAQ: NOVT 1 Safe Harbor Statement The statements in this
More informationJohnson Controls reports solid fourth quarter and full year earnings and provides fiscal 2018 guidance
FOR IMMEDIATE RELEASE CONTACT: Investors: Antonella Franzen (609) 720-4665 Ryan Edelman (609) 720-4545 Media: Fraser Engerman (414) 524-2733 Johnson Controls reports solid fourth quarter and full year
More informationFY 2017 SECOND QUARTER EARNINGS. Adient delivers strong Q2 results; increases full year earnings expectations $286M $192M $2.04 $4,212M $235M 7.
FY 2017 SECOND QUARTER EARNINGS Adient delivers strong Q2 results; increases full year earnings expectations > > GAAP net income and EPS diluted increased to $192M and $2.04, respectively; adjusted-eps
More informationVeritiv Announces First Quarter 2018 Financial Results
Veritiv Announces First Quarter 2018 Financial Results Reports First Quarter Net Sales of $2.1 Billion, Net Loss of $(15.8) Million, Basic and Diluted Loss per Share of $(1.00), and Adjusted EBITDA of
More informationSENSATA FOURTH QUARTER AND FULL YEAR 2017 EARNINGS PRESENTATION FEBRUARY 1, 2018
SENSATA FOURTH QUARTER AND FULL YEAR 2017 EARNINGS PRESENTATION FEBRUARY 1, 2018 Forward-Looking Statements This earnings presentation contains "forward-looking statements" within the meaning of Section
More informationManitex International, Inc. (NASDAQ:MNTX)
Manitex International, Inc. (NASDAQ:MNTX) Conference Call Fourth Quarter March 6th, 2017 Forward Looking Statements & Non GAAP Measures Safe Harbor Statement under the U.S. Private Securities Litigation
More informationFourth Quarter 2017 Earnings Presentation
Fourth Quarter 2017 Earnings Presentation Safe Harbor Statement This document may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
More informationQ2 FY18 Earnings Release Supplemental Material March 5, 2018
Q2 FY18 Earnings Release Supplemental Material March 5, 2018 Safe Harbor Statement Certain statements made within this presentation may constitute forward-looking statements within the meaning of the Private
More informationUnifi, Inc. Second Quarter Ended December 24, 2006 Conference Call
Unifi, Inc. Second Quarter Ended December 24, 2006 Conference Call Cautionary Statement Certain statements included herein contain forward-looking statements within the meaning of federal securities laws
More information2018 Second Quarter Earnings Call. May 8, 2018
2018 Second Quarter Earnings Call May 8, 2018 Forward Looking Statements / Non-GAAP Measures This presentation contains information about management's view of the Company's future expectations, plans and
More informationFiscal 2017 First Quarter Results. 5 January 2017
Fiscal 2017 First Quarter Results 5 January 2017 Safe harbor and non-gaap Cautionary Note Regarding Forward-Looking Statements: All statements in these materials and the related presentation that are not
More informationAlbemarle Corporation Fourth Quarter 2017 Earnings and Non-GAAP Reconciliations Conference Call/Webcast Wednesday, February 28 th, :00am ET
Albemarle Corporation Fourth Quarter 2017 Earnings and Non-GAAP Reconciliations Conference Call/Webcast Wednesday, February 28 th, 2018 9:00am ET Proprietary Information of Albemarle Corporation. Forward-Looking
More informationN O V E M B E R 2 0,
N O V E M B E R 2 0, 2 0 1 8 This communication contains forward-looking statements as defined in the Securities Exchange Act of 1934 and is subject to the safe harbors created therein. These forward-looking
More informationSafe Harbor and Non-GAAP Measures
Safe Harbor and Non-GAAP Measures Forward-Looking Statements This presentation contains forward-looking statements. All statements other than statements of historical fact included in this presentation
More informationThe Chemours Company. Quarterly Financial Information. May 4, 2018
The Chemours Company Quarterly Financial Information May 4, 2018 1 Safe Harbor Statement This presentation contains forward-looking statements, within the meaning of the safe harbor provisions of the U.S.
More informationTENNECO REPORTS FIRST QUARTER 2018 RESULTS
news release TENNECO REPORTS FIRST QUARTER 2018 RESULTS Record-high first quarter revenue, outpacing industry production Expects constant currency revenue growth of 8% in second quarter Changed segment
More informationJohnson Controls reports third quarter earnings
FOR IMMEDIATE RELEASE CONTACT: Investors: Antonella Franzen (609) 720-4665 Ryan Edelman (609) 720-4545 Media: Fraser Engerman (414) 524-2733 Johnson Controls reports third quarter earnings GAAP earnings
More informationMylan Q EARNINGS November 5, Q Earnings All Results are Unaudited
Mylan Q3 EARNINGS November 5, Q3 Earnings All Results are Unaudited Forward-Looking Statements This presentation contains forward-looking statements. These statements are made pursuant to the safe harbor
More informationAvnet Investor Presentation. Sale of Technology Solutions to Tech Data Corp.
Avnet Investor Presentation Sale of Technology Solutions to Tech Data Corp. September 19, 2016 1 Safe Harbor Statement This presentation contains certain forward-looking statements within the meaning of
More informationInvestor Presentation. March 2018
Investor Presentation March 2018 Forward Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including but
More informationMylan: Q EARNINGS August 8, Q Earnings All Results are Unaudited
Mylan: Q2 2018 EARNINGS August 8, 2018 Q2 2018 Earnings All Results are Unaudited Forward-Looking Statements This presentation contains forward-looking statements. These statements are made pursuant to
More informationFirst-Quarter 2017 Supplemental Financial Information. May 2, 2017
First-Quarter 2017 Supplemental Financial Information May 2, 2017 Disclaimer Statement Regarding Safe Harbor for Forward-Looking Statements This presentation may contain forward-looking statements that
More informationMACOM Reports Revenue of $114.9 million with EPS $0.38 and Gross Margin of 53.7 percent (non-gaap)
MACOM Reports Revenue of $114.9 million with EPS $0.38 and Gross Margin of 53.7 percent (non-gaap) Lowell, Mass, February 2, 2015 M/A-COM Technology Solutions Holdings, Inc. ( MACOM ), a leading supplier
More informationQ Quarterly Earnings Call Presentation. August 13, 2015
Q2 2015 Quarterly Earnings Call Presentation August 13, 2015 Safe Harbor Statement Certain statements and information included in this presentation constitute "forward-looking information" within the meaning
More informationBMO Capital Markets 2018 Chemicals Conference June 26, Investor Presentation
BMO Capital Markets 2018 Chemicals Conference June 26, 2018 Investor Presentation SAFE HARBOR Statement Regarding Safe Harbor For Forward-Looking Statements This presentation contains forward-looking statements,
More informationFirst Quarter 2012 Earnings Results. April 26, 2012
First Quarter 2012 Earnings Results April 26, 2012 Important Disclosure Notes Forward Looking Statements Certain matters discussed in this presentation, including expectations regarding future performance,
More informationCFO Commentary on Third-Quarter 2014 Results
CFO Commentary on Third-Quarter 2014 Results Summary The third quarter 2014 results compared to last year s third quarter were as follows: Revenue of $361.6 million up 14.0% from $317.2 million Gross margin
More information